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.k. will withdraw 500 troops from afghanistan by the end of 2012. that is next on c-span2. .. 500 troops from afghanistan by the end of 2012, reducing troop levels to 9,000. he also took questions on counterterrorism efforts with pakistan. currently the u.k. is the second-largest of the foreign military force in afghanistan. from london, this is just under an hour. >> thank you, mr. speaker. with permission i would like to make a statement on afghanistan. formerly i said this government has sought to take a more hard hit security based approach to the mission.vernment as i've said, we are not there to build a perfect democracy, still a model society.re yes, we will help with the detablishment of demographicild institutions and yes, we can improve infrastructure, develop education, encourage democrac development, but we are in afghanistan. we can improve infrastructure, develop education and encourage development the we are in afghanistan for one overriding reason, to shore our own national security by helping the afghans take control of theirs. that means building up security forces to drive
was going to afghanistan and the iraq and wanted to learn from these two men what was the relevance and is a possible i missing something? and kept asking questions about vietnam over and over again there were both amazed that he sat there and listen to in the first time going into his first national security council meeting, the first point* he makes to his people is "afghanistan on is not vietnam" why does he have to say that at the beginning embassy thinks there is a possibility of getting into another vietnam? and bruce who does books for the brookings press at that time was thinking through the firstenergy paper on of guinness and into bruce told less the ghost of vietnam walk the corridors of the white house every day. >> period explain to me how would is those close can affect different presidents in such extraordinarily different fashion. for example,, a jimmy carter trying to go into iran to rescue the hostages and up with a disaster on his hands. thing you have george h. to be bush who you just said send 500,000 troops into iraq and kuwait. theoretically the same lessons t
to beat president obama. a look at the war in afghanistan. now the longest war. how do we get out? does obama's policy differ from president bush's and what is the effect for generations to come? joe and mika and willie join in the conversation later this hour. we begin with the debt crisis. they are trying to make a deal on the deficit. houses of congress are rolling out separate compromises to safe off a default. harry reid is meeting with mitch mcconnell to craft a solution to appeal to both parties. according to reports, this would do the following. it would allow the debt ceiling to be raised three times for a total of $2.5 trillion. in exchange, some $1.5 trillion in spending cuts would be enacted. the plan would be established to identify new deficit cuts. proposal, already, getting a lukewarm response from the fellow republicans. among them, the freshman snar mark arubio and tom coburn. take a listen. >> it gives the president the ability to raise the debt limit. the debt limit isn't the problem. the problem is the debt. the plan, as outlined to me isn't a credible solution. >>
money may be missing in afghanistan and you won't believe where it might be going. we have details a disturbing new report that's coming up. >>> plus exhausted and starving. we're tracking desperate efforts under way to flee the worse drought to hit somalia in half a century. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ shapiro ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. say i'm missing england. i type in e-n-g... and he gives me a variety of options. would you like to have a look at a map, my lad? ah, why not? shall we check on the status of your knighthood? yes. again? yes, again, please! thank you. with my digital manservant, i'll never be homesick again. would you like me to put the kettle on, sir? no, i'd like you to get rid of that ostrich. it's been here a month. [ male announcer ] think, type, go
. obama says only courage will head off financial default now. assassination in afghanistan. mandy clark reports that president karzai's brother was gunned down. laid off on day one. cynthia bowers in a city so strapped it's firing cops as soon as they get their badge. and the first, first lady of the modern age, bill whitaker remembers betty ford who forever changed how america views the white house. captioning sponsored by cbs this is the "cbs evening news" with scott pelley reporting tonight from washington. >> pelley: good evening. it was a striking thing, today, to hear the president of the united states say that he cannot guarantee the 27 million social security checks that you are due to be mailed august 3rd. august 3rd is the day after the government will default on its debts if democrats and republicans do not agree to increase the nation's borrowing limit. both sides say they won't raise the limit without a deal to massively cut the federal deficit. a u.s. default would shake the world economy. the stakes could not be higher. time is growing short. in our interview, president o
, in the strongest possible terms, the assassination in afghanistan today of president hamid karzai's half brother, ahmed wali karzai, seen as the most powerful man in southern afghanistan was shot in his own home in kandahar by a man he knew and trusted. mandy clark is in kandahar. >> reporter: ahmad wali karzai was rushed to this kandahar hospital but with multiple gunshot wounds there was no chance he would survive. outside in the street lay the body of the man who had gotten through a tight ring of security to gun him down. >> my younger brother was murdered in his house this morning. president hamid karzai announced. ahmed wali karzai was a tribal council leader and considered the most powerful man in southern afghanistan. the attack stunned the city that has been hit by a series of targeted assassinations. this is the place, headquarters in kandahar city. moments ago word of the shooting came through as the police chief was wrapping up his interview with us and he rushed out to take charge. general abdul raziq told us that security was improving in the city when his two cell phones lit up at
and afghanistan. and my belief that there is a smarter way to achieve our national security goals. and so, madam speaker, since that day i stood here in this spot to say over and over again that these wars are eroding our spiritual core. bankrupting us morally and fiscally. teaching our children that warfare is the new normal. i have delivered these speeches as a member of the majority and the minority when the president was a member of my party and when he was not, and today i am doing it for the 400th time. when i began the war in iraq was still quite popular. as was the president who launched it. but we spoke out anyway, refusing to bend on principle because we knew that we did not belong there. my colleagues, representative barbara lee and representative maxine waters and i, we called ourselves the triad, started the out of iraq caucus. we first -- forced the first house vote to bring our troops home. along the way i visited iraq, i tried and i learned on that trip and my opinion was confirmed against that very war, but at the same time it increased my admiration for our troops. gradually th
, the which he and debt crisis are weighing heavily on u.s. troops in afghanistan. and the top question on their minds saturday, even as bombings rock the city around them, was the top u.s. military officer couldn't answer. a question he couldn't answer. will we -- these are soldiers in afghanistan with bombs bursting around them and here is what the chairman of the joint chiefs of staff said. and i quote, i actually don't know the answer to that question. i noknow mike mcmullen responde while at the same time saying continuing to work each day, wearing the uniform, listening to bombs go off around them. that's why today we have with us some -- what is referred to you by you press folks as real people. i guess we're not. we have students like laura and sydney, veterans like bill and roger and carlos, arianna, who is a senior, guillermo, who say senior, lucia, a senior, felicia is a senior, mary ellen is a senior, alisa is a senior, they're here representing the millions of people around this country who are as brave as the soldiers on the front lines in afghanistan. we don't have time f
the fireworks for this wounded and medically discharged veteran of iraq and afghanistan. >> it's great to be with my family and i still think of my friends overseas not able to be with their families. >> reporter: this man fought in vietnam. >> we're all americans, and we can all come together, and this is a time that when we look at that we're one country, and the people who come here, were born here, raised here and even have the freedoms that we have, we're still all one country and one people. >> reporter: one of the downsides to a massive gathering like this, especially under the sun, some folks get sick. a dozen people were treated on the scene and a few people were actually transported to the hospital, and from park police late tonight, we have the arrest numbers. we're told it's extraordinarily low given the high number of people here. there were five, three for drugs and two for minor disorderly conduct. >> it looked like the weather held off earlier. there was some concern. was there any contingency plans to get people off the mall in case of lightning or heavy rain? >> repor
military engagements in iraq, afghanistan, and now libya. i speak of the need also of a new smart security to keep america safe. today will be my 399th speech. i look forward to reaching number 400 next week, and i will continue this until my last day as a member of congress, which gives me approximately 18 months, 1 1/2 years, time to bring our troops safely home. during this week, the week that the house is debating the appropriations, i thought it would be fitting to focus on more spending, on the staggering costs that taxpayers are being asked to bear for our military occupation. $10 billion a month is a lot of money, and that's the price tag for the privilege of continuing to wage a 10-year war against afghanistan. $10 billion a month. the american people who are writing that check have a right to ask and to get answers to some very important questions. where is that money going and what exactly is it accomplishing? what are we getting for our $10 billion a month? are we more secure here at home? is the afghanistan central government introducing the rule of law? have we not already de
to step in." you have got to be here. i've been here. i've been doing afghanistan and bin laden and the greek crisis. >> the president says he wants to get working, wants us to get working. i cannot think of a better way than to have him come over today. ng.are waiting sen >> senate minority leader mitch mcconnell. for all the kids were outraged by the president's remarks. -- republicans were outraged by the president's remarks. but harry reid was listening. what you make of the president's performance on wednesday, mark? >> i think the president recognizes two things. over the last two years, democrats lost to the debate on their major initiatives, economic recovery and health care. they don't want to run the risk this time. they have to lay out what the consequences are, the recklessness and irresponsibility of even entertaining the possibility of letting this country defaults on its obligations. >> evan, what do you make of it? >> you cannot be partisan about this. at least he is showing some energy. but he has got to be an arm twister behind the scenes, and he is not really
who are killing u.s. troops in afghanistan. this is the story that's just coming in. and how much are house democrats willing to give to raise the debt limit? i'll ask the democratic party chairwoman about possible cut. she's walk into "the situation room" right now. congresswoman, stand by. >>> the clock is ticking towards a possible default of the nation's debt. the democratic party chair in the congress certainly has a lot op her plate right now with the debt crisis. everything else, as well as a very, very strong verbal showdown with a republican colleague of hers from florida. she's here in the situation room. congressman, thanks very much for coming in. let's talk about substance first and then you can talk about this riff you have with this congressman. the gang of six is out with a plan. the president warmly embracing it, even though there are cuts in medicare for the elderly included. is this something you can live with? >> well, i think the really good and big news out of that gang of six is prose sal is that there are finally republicans, particularly in the senate that
to step in. you need to be here. i've been here. i've been doing afghanistan, bin laden, the greek crisis. >> the president says he wants to get working, wants us to get working. i cannot think of a better way than to pat him, on over to date. -- to have him come over today. we are waiting. >> senate minority leader mitch mcconnell. republicans were outraged by the president's remarked. but harry reid was listening. the majority leader canceled the senate's fourth of july holiday -- what a sacrifice. what do you make of the president's performance on wednesday, mark? >> the president recognizes two things. over the past two years, democrats have lost public debates on major initiatives, economic recovery and health care. they don't want to wind that risk of this time. -- run a risk to this time. they have to lay out the consequences, the recklessness and irresponsibility of even entertaining the possibility of letting this country default on its obligations. >> evan, what do you think? >> you cannot be partisan on this. he is at least showing some energy. but he has got to be an arm twist
and done, iraq and afghanistan will suck the treasury dry to the tune of at least $3.7 trillion. enough already. mr. chairman, the pentagon is like that teenager. you keep giving the kid the keys to the car and he keeps crashing it. it's time we cut him off. we must draw the line and we must draw it here. no more money for libya. no more continuance in libyan hostilities. i urge my colleagues, support this amendment. i yield back. the chair: for what purpose does the gentleman from texas rise? >> i move to strike the last word. the chair: the gentleman is recognized for five minutes. mr. poe: the gentleman says we have gone to war in the name of humanity. in other words, the president's war in libya is so that we can preserve humanity in libya. in the history of peoples, as the gentleman from california has pointed out, in the histories of countries, it has always been the king, the dictator, the tyrant, the chief, the leader that has sent that particular country to war. so when our ancestors got together and they formed a new and perfect union, they decided it would not be the leader,
services and a surge of combat vets from the iraq and afghanistan wars entering the system, the demand for v.a. health care services has increased dramatically in recent years. this bill provides $58.6 billion for v.a. discretionary funding, $2.3 billion over current funding. the bill also includes $52.5 billion in fy 2013 advanced appropriations for vets' medical care. one of the very few areas in which this bill provides an increase in funding is v.a. medical research, which is $72 million over the budget request to restore funding to the current level. with little room to maneuver on the v.a. side of the ledger, the vast majority of the savings in the bill comes from incrementing or defunding certain military construction projects. the bill provides $13.7 billion for military construction, $1 billion below the request. the milcon reductions in the bill are restricted to the active-duty components. the guard and reserve components, family housing, barrack and other accounts are fully funded at the president's request. every military construction project funded in this bill is authori
in afghanistan marries the woman of his dreams, over the phone. when they couldn't get married in person, they found a way to make it happen thousands of miles apart. vote by texting 22360. text one for hacker tracker, two for grandny chases incident truder or three tore phone wedding. that will air in the next hour. >>> poker showdown, political game of chicken, hot mess. whatever analogy you prefer, the deadline to raise the country's debt limit is one week from today. still no plans. back to back tv speeches happened last night. you had president obama and house speaker john boehner squaring off or spending cuts and tax increases. >> how can we slash funding for education and clean energy. before we ask people like me to give up tax breaks we don't need and didn't ask for. >> the president has often said we need a balanced approach, which in washington mooedz means we spend more and you pay more. having run a small business, i know those tax increases will destroy jobs. the solution to this crisis is not complicated. if you're spending more money than you're taking in, you need to spe
trillion of cuts savings from leaving afghanistan and iraq is just not credible. we don't know what the obstacles are going to be in afghanistan and possibly iraq. we also don't know what we might have to do in the middle east going forward. afghanistan is not settled, mr. president, and we have to have a certain level of stability on the ground in afghanistan or we will have wasted the billions that we have already spent and the lives of our military personnel in afghanistan because it will go back to the way it was before, a center for terrorism that will comeo our country or can come to our country. it did once already and we have been over there to try to wipe out al qaeda and the taliban, which has been in league with al qaeda. we have been over there losing american lives and spending american taxpayer dollars to protect our country from another 9/11. to say that we're going to c $1 trillion in the future over the next ten years when we aren't placing the emphasis on what are the conditions on the ground is not sound policy and it's certainly not sound national security policy
now. everybody wants to talk about the wars in iraq and afghanistan. george afghanistan. george bush left office, he left a deficit of under $1 trillion. that is an obama stimulus package for one year and that was enough to hold us in iraq and afghanistan for seven years. host: let's go to a democratic caller in brooklyn, new york. caller in brooklyn, new york. caller: i think the numbers of the other caller are totally false. obama should keep his footing in this situation. the republicans say they will walk away and limit the amount of money but they will talk about that is on the table is preposterous. it is showing that they are scared and they are finally realizing that obama has an understanding of the economy and he has an understanding and backing of the people. right now is the time to change the way we need to move forward in terms of fiscal responsibility and in terms of paying our bills. with john boehner trying to figure out which way his caucus will both and which -- vote, he will lose his job and we will not be able to rectify the things that are wrong with the economy
.a. estimates that the number of iraq and afghanistan veterans in its health care system will reach well over half a million at some point next year. that is this aisn' this a 100% e 2008. this is a big challenge and one that we have no choice but to step up to meet if we're going to avoid some of the same mistakes we saw with the vietnam generation. that's why this bill includes nearly $3 billion to meet the health care needs of veterans who served in iraq and afghanistan, which is a nearly $600 million increase over last year. but it is more than just the sheer number of new veterans that will be coming home to the v.a. in the near near future. it is the extent of their wounds, both visible and invisible, that will require an untold resource from our nation. you know, through the wonders of modern medicine service members who would have been lost in previous conflicts are coming home to live productive and fulfilling lives. but they will need a lifetime of care from the v.a. and that's why part of this bill includes significant investments for research in a number of areas, including trauma
will spend about $150 billion a year on the wars in iraq and afghanistan. nobody believes or hopes that will happen. it has not been requested by the president. no one intends to spend that money. in fact, the president's own budget assumes that instead of the $1.7 trillion that would be over the next decade, that instead we will spend about $600 billion. that's what the president's budget says. that's what people assume. this means that senator reid's proposal to take credit for cutting an additional $1.1 trillion that's not going to be spent anyway is not going to be viewed as a credible proposal. why? because it's money that's not planning to be spent. it's a little like a family saying let's assume we're going to take a vacation we're never nefer going to take and it's going to cost $10,000, and them saying we saved $10,000 on our basketball. i wish it weren't so. i wish the $1.1 trillion was credible spending reductions we could rely on but "the washington post," "the wall street journal," many other observers have looked at this and said frankly it's not meaning a meaningful
in iraq and afghanistan. it raises the debt limit by $2.4 trillion in one step and that is an increase larger that boehner plan. and just like the boehner plan, no tax hikes. bill: also as we watch what's happening in congress, we should get new reaction on this daily press briefing. we'll watch that, listen and bring you all the breaking details when that happens. also john boehner just walked into this republican meeting. so we are watching to see if there is any comments from him. yesterday we were expecting comments when it concluded an walked right by that microphone. alisyn: today of course we'll keep an eye on the closed door meeting and let you know when it breaks up. bill: there he is. does he have nothing to share at the moment? it was that meeting yesterday that lasted about an hour and a half and that's when things got a little tense and heated. and boehner and eric cantor delivered their message to the republicans in the house. let's goes. in order for me to do my job i have to get something here. watch that meeting today. alisyn: you talk about what the stock market is do
to be liked rather than respected. they have wound up being need that. >> the war in iraq and afghanistan, what would you do? >> help the iraqi security forces to govern that country. in afghanistan, we have to walk -- have to watch out for a precipitous withdrawal. it would create a new harbor for terrorism and they would lose their ability to stabilize the government. >> have you met world leaders? what has been your impression of them? >> i do not believe that is important. i look at the strategic interest of the united states and our allies and how we can mutually cooperate and mutually conflicts. >> finish this sentence. the state of the country today is what? >> an opportunity to be seized. big government and big banks have failed us. the crushing weight of the potential markets have yet to be fixed. that has helped to inhibit the ability of the american people to move forward. it is never a failure of the american people. that is not why we are having the difficulties we are having. it is the failure of governments to affect the larger institutions. for a period of time, you are ab
of honorable and distinguished service, but the fact remains that the fundamental realities in afghanistan haven't changed. "the new york times" put it plainly, noting that the general is, and i quote them, "the general is leaving behind a country racked by deep political instability whose fledging security forces are fighting a weakened but deadly insurgency that kills coalition troops and afghan civilians and officials nearly every day." that's a pretty damning assessment, mr. speaker, and it's accurate. in recent weeks two of president karzai's most powerful allies, including his brother, have been gunned down by the taliban. and ordinary afghan citizens are caught in the line of fire as never, never before. the u.n. recently reported that more afghan civilians were killed in the first half of 2011 than in any other six-month period since the war began. some these casualties are the accidental result of errant attacks and night raids by u.s. and nato forces. but the overwhelming majority of civilian deaths came at the hands of insurgents often using suicide bombers. there were nearly 1,
it into perspective, let's take a look at how hot it's going to be in afghanistan. it's going to be 106 in cann kandahar. take a look at this. these are the highs for iraq for today. it's going to be 108 in mosul and 110 in baghdad and 112 in basrah. remember when you're out there wearing a t-shirt, the men and women over there are in full gear. with camouflage, hard to see them. the nfl lockout appears close to an end. they will meet to discuss approving a deal that could probably bring the lockout to a close. players from 32 teams voting, same thing perhaps on thursday and then quickly start sweating in pads. the one issue that appeared to be resolved, a billion dollars put aside to the guys who made very little money and really pioneered the game. the retired players. and tiger woods is finally collecting money but not from the golf course. a former mistress is having to return most of the $10 million in hush money she gave the pro because she reportedly spoke out to tmz and she also -- she also had spoke to "celebrity rehab" where she was trying to get cured of her addiction to love. so i'm
and afghanistan, then i would be absolutely against that. host: one more headline and then we will move on to the debt talks. "administration offers health care cuts as part of budget negotiations." this is from "the new york times" on tuesday. guest: what the president is trying to get a very recalcitrant bunch of politicians to come to the table and negotiate. he has tried many ways to get republican colleagues to come to some middle ground and has not succeeded and i suspect he is saying, look, i will put everything on the table and let us see what sticks. i suspect that is what he is doing. otherwise we just save about half a trillion dollars in medicare the next -- years through the historic health reform. how you are going to take more out without really hurting seniors, i don't know. host: steny hoyer, your democratic whip, said he was willing to work with the republicans to reduce the debt. what did that mean to you and how willing are you? guest: i think with -- what mr. steny hoyer is saying is most democrats have put things on the table, some very painful things. and i believ
in the attacks in afghanistan or to bring that message home, you need us i >>dave: and how big a concern is an attack in the united states on the 10th anniversary? >>guest: this is the first anniversary a sense of celebration and resolution and every member of al qaeda is going to want to spoil that. so you will have home green terrorists that will look at that date. >>dave: so all eyes on that date and that will be our tightest secured date so a difficult day to pull anything off? >>guest: it is possible but there are so many soft targets and the bar is so low for al qaeda because they have not pulled off another september 11th it does not have to be in new york city. >>dave: ryan, thank you for being here. millions of americans are locking for america but how can you separate yourself from the field? why who you know could be more important than what you know. giving them a new choice. we'll deliver better service, with thousands of new cell sites... f greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impos
. the very controversial issue of afghanistan, and fox news senior political analyst brit hume who thinks these issues could spell some real trouble for president obama's re-election chances. here is what he said. >> this president is in as full a political retreat as this town has seen in many years. he what's elected to fix the economy but people think he and his party have failed and exploded the nation's debt in the process. his political base is cranky about the war in afghanistan, unhappy that he failed to end the bush tax cuts and worried now that he may be willing to cut spending significantly to win an increase in the debt ceiling. mr. obama knows he must stir his base to have any hope of re-election. he knows also that if the independent dents who backed him in 2008 and deserted him and his party last fall his base won't be good enough. martha: former howard dean's campaign manager joe trippi joins me now. what is your reaction to what brit said last night. >> i agree with him and disagree with him. the place i agree with him is the independent voters. i think the base of the de
say, get those troops out of both afghanistan and iraq and just consider this and iraq, the month of june that has just passed was the most deadly troops in iraq in the last two years. even as that war supposedly winding down, still very deadly and lethal for u.s. troops, as is afghanistan, far from over. >> barbara starr at the pentagon. >>> bill clinton weighing in on the presidential campaign in a one-on-one interview with wolf blitzer. he asked clinton if he fr talks to president obama about re-elected. >> not a lot. he's got plenty to do. he's had to deal -- he's got the afghanistan problem, libya problem, a whole range of other issues. if they want me to do something, i talk. >> you wait for a phone call. >> absolutely. i don't think i should. he knows i support in general what he's trying to do. i'm out here trying to explain it to people, but he's got a good team. you know, i talk to gene sperling from time to time. >> he worked for you? >> he did. he's a good man. i talked to joe biden last week about some of these economic issues, but i think it's important, you know, no
had "rambo" in afghanistan, you have a war in the afghanistan and a lot of the way we describe it is about the rambos in afghanistan. obviously, gordon gekko becomes bernie madoff and all the ripoff artist on wall street. the evil guy from "tron," i'm only have joke here, kind of is mark zuckerberg. [laughter] the a-team, the idea of the private contractor you have to hire to fix your problems for you is kind of, in some ways, blackwater or at least our reliance on private contractors and how we think about private contractors. and the evil guy, cobra, in "g.i. joe," was a very clear allusion to islamic fundamentalist terrorism. what i argue in the book is that these images, these stories became powerful in the 1990 and -- 1980s and enduring because of certain structural changes that were happening in our economy. and i told nathan by e-mail that i was going to do this. i stole and used one of the cover graphics of nathan's book to sort of highlight how this happened. but an argument in this book is that things change in the 1980s in a way that made the storylines and the icono
a reason why we are in iraq and libya and afghanistan. but having said that, let's face it, it would be ridiculous to assume that i'm making an appeal for democrats when what i'm talking about is those people who are vulnerable. because of our financial center cause people to lose their homes, it wasn't just democrats, there were democrats, republicans, independents, and those that have no faith in government that woke up in the morning, they lost their jobs, they lost their home, they lost their pension funds, they lost their savings, they had to pull their kids out of school, they lost their self-esteem, some lost their homes. i don't remember anywelfare reform we are talking about people that are registered democrats. these are americans that are expected -- that expected more from their government than just saying that we will be able to address your deeds in the by and by. and the very people that are aged, god knows we are not talking about a party label. we are talking about our sick or we are talking about medicaid, we are talking about medicare, when we talk about social sec
. when you don't pay for two wars in iraq and afghanistan and you borrow all the money from china, you're going to have to pay for that at some point. >> mentioning social security. in the president's deficit commission report, they say, among other things, without action, the benefits currently pledged under social security are a promise we cannot keep. do you think changes need to be made to social security for future generations or not? >> absolutely. you said the operative word. future generations. we're not talking about balancing the budgets today for future generations. we're doing it because if we don't do it today, the person who has to pay that mortgage tomorrow will find interest rates will have shot up. we're trying to take care of past debts. remember, the debt ceiling vote is about past debts. it's not about future negotiations. social security will be good for the next quarter century. we should do something to make sure after that quarter century, we're not paying $0.78 on the dollar in deficit. >> last year, for the first time since the 80's, social security paid in
for two wars in iraq and afghanistan and you borrow all the money from china, you are going to have to pay for it at some point. >> bret: you mention social security in the president's deficit commission report, they say among other things without action the benefits currently pledged under social security are promise we cannot keep. do you think changes need to be made to social security for future generations or not? >> absolutely. you said the operative words. "future generations." we're not talking about balancing the budgets today for future generations. we're doing it because if we don't do it today, the person who pay the mortgage tomorrow see it shot up. this is not about the future obligation. social security will be good for the next quarter century. we should do something after the quarter century, we are not paying 78 cents on the dollar but we're paying 100% on the dollar. >> bret: last year for the first time since the '80s, social security paid out more benefit than it took in payroll taxes. correct? >> true. >> bret: essentially, correct me if i'm wrong, the social security
Search Results 0 to 49 of about 95 (some duplicates have been removed)